Everest Industries Limited
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MAS May 17: Mandatory Advice Removed for Complex Products
MAS removes mandatory financial advice for most retail investors on complex products, reshaping Singapore’s financial advisory landscape.
Paper Products Price Hike May 17: Middle East Crisis Drives 15% Surge
Daishowa Paper raises prices 15% on tissue, diapers, and toilet paper from August 1 due to Middle East crisis impact on raw materials.
H&M Singapore May 17: 80 Jobs Cut as HQ Moves to Malaysia
H&M cuts 80 Singapore jobs, relocating Southeast Asia HQ to Malaysia amid retail sector challenges and regional restructuring.
Tom Kean Jr. May 16: GOP Congressman Under Doctor’s Care
GOP Rep. Tom Kean Jr. under medical care following extended absence from Congress. Father confirms serious but temporary illness.
Nik Storonsky May 16: Revolut CEO Reshapes Banking
Nik Storonsky, Revolut CEO, trends as Sunday Times Rich List reveals his $75B company valuation and billionaire status reshaping global banking.
Samsung Stock May 16: $66B Rout Sparks Strike Crisis
Samsung Electronics loses $66B in market value as 41,000 workers threaten 18-day strike from May 21. Seoul intervenes as labor tensions escalate.
Airline Fuel Surcharge May 16: Domestic Flights Rise 50 Yuan
Domestic airline fuel surcharge increased May 16: flights over 800km now 170 yuan, up 50 yuan. Jet fuel prices hit 9,802 yuan/ton.
Switzerland Economy May 16: Coffee Export Boom Reshapes Trade
Switzerland’s coffee exports reach CHF3.3 billion annually, ranking second globally through advanced processing and trade innovation.
Woodlands Checkpoint May 16: Contraband Smuggling Surge Hits Singapore
Woodlands Checkpoint intensifies contraband checks after surge in vape and cigarette smuggling. ICA arrests driver, seizes 2,400 cartons.